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Search Results 0 to 49 of about 198 (some duplicates have been removed)
NBC
Dec 9, 2012 11:00am EST
and boehner, it's come down to the two of them, are both looking at the fact that obama won the election and he should get a tilt in his discretion, a 60-40 deal? >> i think boehner is a realist and when he said things like bahama care is the law of the land and backtracked a little, that's a signal. he's saying let's jump off the boat together, not the cliff, the boat. it's about legacy for both of them. chris: the president seems to insist on a rate hike for the top bracket, something close from 35 to 39.6. does he need something more in terms of taxing the rich, like getting rid of deductions for mortgage, charity, state, local? >> he's already got in his package which totals $1.6 trillion, an additional closing loopholes, capping deductions, so yes, he does need more. the president's in a very interesting position. he's got the high ground. he has narrowed the focus. he's got john boehner has his intermediary, his contact. i'm told that white house officials have been talking almost constantly with boehner's people in a very specific discussion about the details of the package so i t
MSNBC
Dec 12, 2012 3:00pm PST
it's time to raise taxes on the rich. but, speaker john boehner is sticking to his talking points; at least publically. he's refusing to budge. >> the longer the white house slow walks this discussion, the pa closer we get to this year's fiscal close. >> boehner can blame the president all he wants. the reality is americans want to compromise. a new nbc wall street journal shows 65% want both sides to come together and make a deal. but that's not what's been happening in these talks. president obama made his opening offer, the republicans responded. the president then came back with a counter offer that included some concessions, so far so good. that's how negotiations work. but, then, republicans went the other way. they came back with an offer that was even more out of bounds than the first one. nbc news reports boehner now wants to make the bush tax cuts for the rich permanent. what's he thinking? we're going in the wrong direction in this country when it comes to economic fairness. incomes for the top 20% in this country are now eight times greater than the incomes for the bot
FOX Business
Dec 11, 2012 6:00pm EST
john boehner sent a counteroffer to president obama to fend off the fiscal cliff. in a response to an offer made by the white house yesterday, we go to rich edson from washington, d.c. with the latest. rich, any response from the white house on this? >> still working on that. aids say in exchhnge of proposals taken place, some movement, but still major differences between the white house and speaker's office. fox news reports the speaker and president just spoke on the phone. white house folks say there's a sign of movement. a senior house aide says the white house reduced the demand for tax revenue increases from $1.6 trillion to $1.4 trillion, well short of the latest republican offer of $800 billion, though, there is another offer on the table from republicans that the details are unknown. boehner spokesman says we acceptability the white house a counteroffer to achieve reform to solve the crisis. we're still waiting for the white house to identify which spending cuts the president is willing to make as part of the balanced approach. fox news is reporting senior white house o
FOX Business
Dec 10, 2012 7:00pm EST
-team here tonight. stay with us. >>> the fiscal cliff fiasco. the obama plan, the boehner plan, will either alter america's rising rate of spending or lessen the size of our bloated government? the answer in tonight's chalk talk. >>> is the housing market really recovering? $17 trillion is riding on the answer. the president and ceo of citi mortgage joins us next. twins. i dn't see them coming. i have obligations. cute obligation b obligatio. i need to rethink the core of my portfolio. what i really need is eep. introducing the ishares core, budinglos for the heart of your portfolio. find out why 9 out of 10 ilarge professisional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectis, risks, charges and expenses. ad and consider itarefully bere investing. ri includes possible ss of principal. lou: new reports show foreign investment is helping the housing market slowly recover. citimortgage president and ceo sanjiv das joins us here in just moments to discuss that and much more when it comes to housing. in the mo
MSNBC
Dec 6, 2012 5:00pm PST
and running. john boehner is in a box. grover norquist near oblivion. karl rove benched on fox news. and the real action of barack obama has sent the republican party into total disarray. >> that's what i'm talking about. >> congressman jim clyburn of south carolina and eugene robinson on the latest republican fiasco. >>> plus, congressman chris van hollen on john boehner's latest concession on the fiscal cliff. michael eric dyson and donna genteel-o'donnell on the political fallout. howard dean on chris christie's big decision on the obama care exchange. and apple's ceo breaks big news to nbc's brian williams. >> next year, we will do one of our existing mac lines in the united states. >> tonight, a story of economic patriotism in an era of bain capital with e.j. dionne. good to have you with us tonight, folks. thanks for watching. the reality start to set in on members of the republican party. republican senator jim demint of south carolina is leaving kplil capitol hill to become president of the heritage foundation. don't cry for demint. the out-going president of the heritage fo
FOX Business
Dec 10, 2012 10:00pm EST
. the obama plan, the boehner plan, will either alter america's rising rate of spending or lessen the size our bloatedgornment? the answer in tonight's chalk talk. >>is the housing market really recovering? $17 trillion is riding on the answer. the president and ceo o citi mortgage joins us next. [beep] [indistinct chatter] [kids talking at once] [speaking foreign language] [heart beaeating] [heartbeat continues] [faint singing] [heartbeat, music playi loude ♪ i'm feeling better since you knome ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: thisong was created with heartbeats of children ineed. find out how it can help frontline e health workers bring hope to millions of children at everybeatmatters.org. lou: new rorts show foreign investment is heingthe housg market slowly recover. citimortgage president and ceo sanjiv das joins us here in just moments to discuss thatnd much more when it comesto housing. in the money lineonight, investors waiting cautiously to see whetether washington can wok out a deal to aid the scal cliff. stocks rising, well, modestly is a big, str
MSNBC
Dec 11, 2012 6:00am PST
about the fact that it came a day after he sat down with john boehner, the speaker. first one-on-one meeting between the two men in 18 months, believe it or not. give them more freedom to negotiate without political interference. but even as the president dials back the rhetoric, there is harsh stuff going on on the other side. campaign arm of the house democrats is doing just the opposite of dialing it back. robo calls going in 35 republican house districts that direct listeners to this not so subtle position gophostagetakers.com. helping speaker boehner, conservatives who are now saying it's just a matter of time before he makes a deal on tax rates. >> my view is, get the tax issue off the table, it's the weakest one for republicans. >> boehner does not have unity behind him. so, it looks as if his path is going to be to concede on rates. >> i guess what i'm saying is i don't think there is a republican alive who could stop what is going to happen. we don't have the leverage. the power isn't there. >> there it is. you heard rush himself, not a republican alive that could sto
CNBC
Dec 6, 2012 7:00pm EST
and team boehner are back at the negotiating table. but there is still substantial disagreement on tax rates, tax revenues, domestic spending and entitlement reform and the clock is ticking. speaking of tax hikes, europe's grand experiment with taxing the rich more is falling apart, especially in france and britain. and here at home, california and new york are passing through the 50% tax rate barrier. is anybody looking at how tax hikes fail the test of economic growth? >>> back here in the u.s., could it be michigan which used to call itself the worker's paradise union state is now moving towards new anti-union right-to-work legislation and it looks like it's going to pass? but first up, budget talks resume between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becoming the party for rich people while president obama
FOX News
Dec 12, 2012 3:00pm PST
from chief white house correspondent ed henry. >> officials now say speaker john boehner's phone call to president obama was tense, hopes of a possible deal seem to be fading fast. >> i remain the most optimistic person in this town, but we've got some serious differences. >> the biggest difference is over taxes. republicans complain in an interview with abc news the president made it harder for boehner to sell compromise to republicans by saying the only way to go forward is for the speaker to cave. >> i'm confident republicans would not hold middle class taxes hostage to try to protect the tax cuts for high-income individuals. >> white house officials today incested the president was merely reiterating a long-held position and said the hold up is the republicans failing to get specific about taxes. >> closing loopholeles they will not name, capping deductions that they will not specify sometime in the future. those magic beans are just beans. that fairy dust is just dust. >> boehner fired back the real problem is the president's latest proposal offered in private on monday is light
FOX News
Dec 9, 2012 1:00pm PST
closer together? >> reporter: there are two important signs today. speaker, house speaker john boehner met with president obama at the. we don't know how long they met or exactly what they talked about, but the white house says lines of communication are open and face-to-face meeting is on important. at the same time republicans say they will accept the demands for higher taxes on the wealthy if it goes along with spending cuts entitlements like medicare and social security. listen.... >> a lot of people are putting forth a theory. i think it has merit where you give the president 2% increase he is talking about on the top 2 percent. i am beginning to believe that is the best route for us to take. >> reporter: many other republicans, of course, standing firm against any tax increase. they could give the speaker a hard time if he tries to pass the kind of legislation corker was talking about there. >> and how are the democrats reacting to accept the higher tax rates? >> reporter: they are happy to see movement was made toward the president's position but speaker boehner has not embraced
MSNBC
Dec 6, 2012 3:00am PST
. and the republicans, boehner's got to go to work and come back, and now there's 70 of them left, the tea party guys. these are guys who went to congress not to limit government but to stop it. so what are you going to do? we've got five democrats, five republicans who range from dick durbin of illinois, great progressive democrat, and coburn of oklahoma, a progressive conservative, and five dems, five republicans, one independent, that's a super majority. and for god's sake, the reason we were so successful is we effectively pissed off everybody in america. >> congratulations, sir. kudos. kudos to you. >> good morning. it's thursday, december 6th. welcome to "morning joe." with us on set, msnbc political analyst, former democratic congressman, harold ford jr. >> mr. professor. >> good morning. >> professor. >> and we have former treasury official and "morning joe" economic analyst, steve rattner. >> financier. >> rattner is here. i like -- and we have to go back to that. it's the truth. >> it is! >> money is money. >> in washington, msnbc and "time" senior political analyst, mark halperin. >> we sa
CNBC
Dec 11, 2012 12:00pm EST
boehner to give us an update on the fiscal cliff negotiations at any minute. in have been sberp rating the previous silence from the administration and speaker's office as a good sign real progress was being made. from what we have heard from our guests so far this morning there's a general sense of optimism a deal will be reached. perhaps not in a forum that's widely expected. that optimism seemingly reflected in the markets. we are up more than 100 point ossen the dow. >> i'm maria bartiromo along with brian sullivan. representative patrick mchenry, republican from north carolina. good to have you on the program. thanks for joining us. let's talk about where we are. what would you say? where are we in terms of a deal? >> not as bad as last week and not as bad as the week before. not really in a great position to get things done. the president's more interested in campaigning around the country and telling people to send twitter messages to me on my twitter account. i haven't really seen much. we haven't seen much in the way of phone calls either. that's what he's trying to do. this c
MSNBC
Dec 7, 2012 3:00am PST
. interesting. president obama and speaker boehner. nobody else. with 24 days before a year-end deadline, "the new york times" says boehner made the request to clear the negotiation room going forward, leaving it up to himself and the president to reach a deal to avoid automatic tax hikes and deep spending cuts. and while the two men may be negotiating privately, yesterday the president took his message to the public, visiting a local virginia family as a part of his my2k social media campaign, sitting around the kitchen table. he told the family he was optimistic. >> the message that i think we all want to send to members of congress is, this is a solvable problem. the senate has already passed a bill that would make sure the middle-class taxes don't go up next year by a single dime. just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> what great news, i think. don't you think so
MSNBC
Dec 8, 2012 9:00am PST
me. >> good to be here. >> david so house speaker john boehner says there's no progress to report. the white house says republicans are to blame for dragging their feet. it seems at least publicly we're getting nowhere. is there anything bigger churning behind the scenes? >> alex, i wish i had good news for you. there's not much going on. certainly at the staff level there's still talks going on. the president did have an onization with john boehner. both sides publicly at least are blaming the others for delaying here. i think both sides are said we know what we want to do, which is for the white house raise rates on the rich. but what can they talk about behind the scenes when the republicans are saying we don't want to do that, on the flip side the white house is saying they don't want to do the republican idea of just capping loop holes at least right now. they want to do that next year with a broader tax reform debate. right now there's not a lot to talk about. the president is going on the road again to detroit on monday and continue his public relations campaign on this to
CNBC
Dec 5, 2012 7:00pm EST
with democrats defecting from the boehner plan. in the meantime, a nice game for the day for the dow, but a stunning selloff for apple. do you know what? fiscal cliff or not, the s&p 500 is up 12% year to date. that is a handsome gain for investors, an optimistic year, believe it or not. and we already bailed out detroit's auto industry. but now, at least one motown politician is telling president obama he should bail out detroit bankrupt city government, too. this sure isn't the free market, and i asked why should a texas taxpayer bail out detroit? >>> breaking news from syria, and it is a blockbuster. the assad regime is walking and loading its chemical weapons, ready to use them on its own people. nbc's chief pentagon correspondent joins us now. jim, is this the red line president obama was warning about? >> well, not quite yet. u.s. officials tell us that the syrian military is poised to use chemical weapons against their own people, and all it would take really is the final order from syrian president assad. but we have learned that as of today, all the precursored chemicals for
FOX Business
Dec 11, 2012 10:00pm EST
: obama is serious about his ultimatum and demands to raise taxes, boehner said no new taxes, obama can have his tantrum, the a-team weighs in. >> and president's job czar has a healthy respect for government efficiency, at least in china, ge's ceo's stunning analysis of the communist economic and political system. record finds for wall street's money laundering bank of record, mexican drug cartels, middle east terrorists, african dictators all among hsbc's clientele, and no one is going to jail? why not? legal experts join us here next >> british banking giant, hsbc agreed to pay a record dollars 1.9 billion to settle allegations it landerred money from mexican drug lords, and sanctions transactions from iran illegally. lenny brewer said that the scale of hsbc's operation was stunning. >> at least one occasion, hsbc instructed a bank in iran on how to format payment messages so that transactions would not be blocked or rejected by the united states. lou: brewer however also defended the decision to not prosecute the bank, he said. if authorities pressed charges hsbc would almost certai
Current
Dec 5, 2012 5:00pm PST
you for joining us. >> eliot: will john boehner and mitch mcconnell actually leave this time? coming up next. ice breakers mints. break the ice. question: why are ice breakers mints called mints? answer in a moment. fruit just got cooler. fruit on one side, cool on the other. ice breakers duo. a fruity, cool way to break the ice. brought to you by ice breakers mints. break the ice. [ singing christmas carols in background ] aunt sally's singing again. it's a tradition honey. [ singing christmas carols ] mmmm. [ female announcer ] make new traditions with pillsbury grands! cinnamon rolls. [ female announcer ] what would you call an ordinary breakfast pastry that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pillsbury toaster strudel. so delicious...so fun. >> eliot: one of the reasons cited by senate republicans to ratify an u.n. treaty providing protection to people with disabilities they didn't believe big decisions should be made by a lame duck congress, re
Current
Dec 6, 2012 2:00am PST
. >> eliot: will john boehner and mitch mcconnell actually leave jennifer >>>> i want the people who watch our show to be able to come away armed with facts and the arguments to feel confident in their positions. i want them to have the data and i want them to have the passion. >> eliot: one of the reasons cited by senate republicans to ratify an u.n. treaty providing protection to people with disabilities they didn't believe big decisions should be made by a lame duck congress, really? these are the same folks who were supposed to be in serious negotiations about the impending fiscal cliff. even mitch mcconnell should acknowledge the hypocrisy in that one. over the fiscal cliff negotiations one thing has become crystal clear. the schisms are becoming more and more pronounce. there are three distinct groups, theological warriors who want to impose their views on the country. tee party zealots and remnant of the pro business moderates while their fiscal views are the last reasonable voice in the republican party. it's this last group who are willing to compromise and combine their ideologi
CNBC
Dec 11, 2012 6:00am EST
speed as we now have just 20 days left. however, neither the white house nor house speaker boehner's office are giving any public indication that either side is yet prepared to give up real ground. on a road trip yesterday, president obama indicated that he is willing to compromise, just not on that point about an increase in tax for relthy americans. meantime, speaker boehner says he is still waiting on specific spending cuts. joining us now for analysis, tony fratto, of hamilton place strategies and former white house press secretary and gerald bernstein former economic adviser to vice president joe biden. gentlemen, thank you for being here with us and getting this special day of coverage kicked off for us. >> rising early and rising above. >> exactly. let's talk about this. jared, it seems like things have gotten quieter. do you think that's the case? is that a good sign? >> i think it's probably a pretty good sign. if you look at this morning's papers, you see a number of articles suggesting that there's a bit more compromise in the air. my concern is that tomorrow's papers ma
CNN
Dec 12, 2012 1:00pm PST
boehner did not go well. i'm wolf blitzer. you're in "the situation room." >>> we begin with today's long-range rocket launch that's managed to put a satellite in earth's orbit. here's why it is important to all of us. even though north korea is one of the poorest countries and many people are starving there, the korean peninsula is the most tense, most dangerous places on earth. there are roughly one million north korean troops on it is side of the militarize zone separating from south korea. as well as nearly 30,000 u.s. forces. not only are they within strikes distance of the launch site, a long-range rocket shows north korea is on its way to developing technology to launch a rocket at the united states's west coast and hawaii. officials tell cnn that the working assumption is that the north koreans got outside help from others, including iran. so today's launch is raising some huge concerns. let's go to our pentagon correspondent barbara starr. i assume they are pretty surprised and alarmed by the successful launch over at the pentagon? >> look, wolf, because of everything you just me
CNN
Dec 6, 2012 12:00am PST
from the white house. we can't sit here and negotiate with ourselves. >> house speaker boehner saying that is president obama and the democrats to save you for being higher taxes. this fiscal cliff thing, the problem with the republicans, larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate is because, come the fiscal cliff moment, that if he goes over, that they are going to save the backsides of the wealthy 2% of americans. i probably shouldn't but i do. >> speaking as a reagan conservative, i must say i rather agree with you. probably shouldn't. but i do. i think divided government is very difficult. and there's some principles that speaker boehner is fighting for, with which i actually agree. but i think politically, the risk here for the gop, is they've become the party of rich people. and they give up the middle-class to the democrats. and i think you saw some of that in the presidential election. i don't think that's their inten
Current
Dec 4, 2012 4:00pm PST
and when we come back we'll talk politics, and boehner, of course, it's a disaster. we'll have fun making fun of it. >> look, before we start we do not need and should not be talking about benefit cuts. >> cenk: and the elbow of the day is going to be a little dramatic. it's going to be suspense in this one. will it go on the guy that you think it's going to go on? hmm, a weird drama later in the show. answer in a moment. >>. >>. cheese plate...nope. i made something better. ♪ ♪ you used the oven? ♪ ♪ [ male announcer ] pillsbury crescents. let the making begin. [ female announcer ] why settle for plain bread? here's a better idea. pillsbury grands! flaky layers biscuits in just 15 minutes the light delicate layers add a layer of warmth to your next dinner. pillsbury grands biscuits let the making begin. cook what you love and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early,
Current
Dec 12, 2012 4:00pm PST
't know. we'll find out. we have boehner and the fight in michigan over the union. we'll talk about that, too. [ bullhorn ] >> back up! back up! back up! >> cenk: all right and if that wasn't enough we'll also do an elbow of the day. every day presents another exciting issue. from financial regulation, fraud on wall street. things everyday exploding around the world that leave no shortage for exciting conversations. at the end of the show, you know what has happened, why its happened and more importantly, what's going to happen tomorrow. [ ♪ theme music ♪ ] >> cenk: in mission the republicans in a panic passed the so-called right to work laws which, in fact, allow for freeloaders to let the union negotiate for them and then take advantage without todaying do yous. this was meant to weaken the unions and the unions are not happy about this. now they're going to lose five seats in the election in the legislature the republicans are, that's why they did that right before they leave office. they were angry than angrier than i was in the last segment and they had the americans for prosper
FOX Business
Dec 11, 2012 7:00pm EST
, boehner said no new taxes, obama can have his tantrum, the a-team weighs in. >> and president's job czar has a healthy respect for government efficiency, at least in china, ge's ceo's stunning analysis of the communist economic and political system. record finds for wall street's money laundering bank of record, mexican drug cartels, middle east terrorists, african dictators all among hsbc's clientele, and no one is going to jail? why not? legal experts join us here next. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which inclus investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still
CNN
Dec 10, 2012 2:00am PST
boehner get together a little more than three weeks before we hit the fiscal cliff. >> gone too soon. a mexican-american singing superstar killed as a small plane plunges into a mountain range. >> just devastated for them. i'm really feeling for them. >> raw and emotional. two radio hosts talk about the family of the nurse who took her own life after getting duped by their prank call. >>> good morning, to you. welcome to "early start." welcome back, mr. berman. >> it is great to be here. i was on vacation for a week. now i'm back. i'm john berman. it is 5:00 a.m. in the east. i am feeling that. but this, they are talking for the first time in over three weeks. president obama and house speaker john boehner looked each other in the eye and actually had a conversation. now that's a really big deal when it comes to the fiscal cliff crisis. because in just 22 days americans face severe tax hikes and spending cuts unless these two leaders can find a way to compromise. now neither side would discuss specifics about their conversation. but after yesterday's white house meeting, a spokesman
MSNBC
Dec 5, 2012 2:30am PST
at that points. >> in the meantime, now the gop is fighting with itself. speaker boehner is facing growing backlash from the more conservative wing of his party. at issue, the $800 billion in new tax revenue he proposed in a fiscal cliff deal which the white house quickly rejected because it does not raise taxes on the wealthy but aims to get the money through cuts in deductions. senator jim demint denounced boehner's plan as a tax hike that will, quote, destroy american jobs and allow politicians in washington to spend even more. senate minority leader mitch mcconnell also distanced himself from the boehner plan declining to endorse it yesterday. >> we've wasted enormous amount of time here sparring back and forth in public, and it strikes me it's a good time to get serious about the proposals. so i have no other particular observation than i commend the house republican leadership for trying to move the process along and getting to a point where hopefully we can have a real discussion. >> but why is the the gop still hot on its desire to raise money through cuts and deductions rather tha
CNBC
Dec 11, 2012 5:00pm EST
. everybody seems very firmly entrenched, although eamon with the news just a moment ago that john boehner has indeed sent the president a counter offer, though republicans, to a man, complained today that they do not know what cuts the democrats would like to make. senator harry reid coming out earlier today, saying, we're not going to offer up any cuts. we want the gop to put their cuts on the table. it is clear it is a game of finger pointing, which party is going to be made to look like the bad guys, because somebody's going to have to tell somebody no. that is certainly the deal here. stocks, though, did come off their highs, after those harry reid comments. that sent everybody into a little bit of a tail spin. i believe we do have some comments on tape here from some of the lawmakers we heard today. >> you give the president every single job harming tax increase that he's requested, you run the government for maybe nine or ten days. >> i think there's a real danger that we're going to end up with some damaging tax increases and nothing to show for it. >> if we took the president's revenu
MSNBC
Dec 4, 2012 4:00pm PST
the leverage point for boehner is right now, knowing that fact. >> does he know that the president can't deliver his party without that rate change? >> i think he does, but i think also that the president knows that boehner has got some problems in his -- >> what does boehner need to do to pay for that? if boehner knows -- this is smart. if boehner knows he has to give on the tax rate at the top, what does his party insist on getting in return? do you know? do you know? what do they want? >> i think that they get -- as i said on this show before, the deal has always been, here, we will give you the cuts in spending if you give us a tax increase. we get the tax increase. we never get the cuts in spending. i think they want a definitive -- >> what do they want for spending? 50/50? >> i don't know if it's 50/50? >> 10 to 1. >> let's not get sarcastic. >> 3 to 1. >> yeah. it's not a question mark -- >> i think it's 50/50. >> three to one? >> yeah. >> $3 in spending cuts for every $1 in revenue? >> at least, at least. >> that's crazy. they'll never get that. they won't get that, will they?
CNBC
Dec 10, 2012 1:00pm EST
are higher as fiscal cliff song and dance continues in washington. mr. boehner says he is waiting for a proposal from this gentleman, the president. president obama. and the president is set to speak about the cliff and the a economy later today. >> i thought i was supposed to come here today. you thought you were supposed to come here today. so we are both here. not really, folks. a lot of talk today is about what investors should do if we go over the cliff. what should we do if there is a debt deal before year-end or shortly thereafter. we have smart strategies and individual stock picks for you this hour. >> that's right. well also take a look at another side of google that you very rarely hear about. the internet giant stashing billions in tax shelters to avoid paying taxes. is that fair play or outrageous corporate behavior? especially in this climate. well talk about that. but first, markets are generally higher. dow jones industrial average up 29 points on the day. nasdaq is up 7. and s&p 500 up about 1 1/2. >> they've been that way about the last ten days or two weeks or s
CNBC
Dec 5, 2012 4:00am EST
speaker john boehner dealing with division in the gop's ranks to his budget plan. we've got a shanghai surprise. china's mainland markets up over nearly 3% after beijing's new leaders called for economic stability and new business growth. and it looks like more austerity for britain. george osborne getting ready to release his autumn statement. >>> nokia shares a little bit high today. they are teaming up with china mobile, giving access to the world's biggest mobile phone markets. >>> if you just got up, very warm welcome to the start of your global trading day. stocks are on the front foot this morning. this is where we stand with u.s. futures. currently called up around about 30 points higher. the dow down, what, 13 points? the nasdaq called up just under 40 points. the s&p 500 at the moment is called up just over three points. it was down two points yesterday. european stocks doing a little built better. they were as flat as a pancake, as i've been saying. as flat as my pancakes. we have just come down from higher levels. the ibex up .2 of a percent. overnight we saw china leadersh
CNN
Dec 11, 2012 2:00am PST
. here's the latest. house speaker john boehner and his aides were quietly conducting behind the scenes fiscal cliff talks with the white house. on capitol hill for one day at least, all was pretty quiet. posturing and finger pointing kind of stopped. cnn political reporter shannon travis joins us now live from washington. what's the the latest on the talks or the silence? >> the silence seems to be golden, john. remember last week when all the players involved seem to be posturing and positioning and talking about negotiations? not so much, at least in the past few days. we know president obama and house speaker john boehner had a one-on-one meeting, right, on sunday, their first since mid-november. what were the details from that meeting and from the ongoing discussions? they're not really -- both sides are not really being forthcoming with what the substance of those conversations, both sides yesterday, the white house and the republican leadership put out statements. they're essentially the same. i'll read just one from boehner's press secretary. discussions with the white house are
FOX News
Dec 12, 2012 12:00pm PST
the first post election face-to-face talks between the president and speaker boehner on sunday but aides say the president is eager for a compromise but at the same time they defended his public prediction that speaker boehner will give up trying to extend the public administration's upper income tax cuts. >> the president predicted the speaker boehner would not want to hold a position and that republicans in general would not want to maintain a position that would result in everyone's taxes going up because of their insistence that the wealthiest get a tax cut. that doesn't seem like a very popular position to take. >>reporter: politically it should be simple sell. congress can vote to extend the middle-class tax cuts and go home. upper income tax cuts expire. >>shepard: no movement on negotiations? >>reporter: the president and speaker boehner spoke on the telephone phone and speaker boehner would not call it "tense" but said it was straight failure frank discussion of how far apart they are. >> the president is calling if $1.4 trillion in revenue. that cannot pass the house of representat
CSPAN
Dec 6, 2012 7:00am EST
criticized john boehner. john boehner should not be concerned about losing his job. he should be concerned about doing his job. his job is that of the american people. i do not want to get caught up in the sound bites. at least bring some kind of leverage, some kind of balance to this crisis. host: "in new york times" this morning -- guest: what does he have to negotiate? there are three options. you could allow the tax cuts to expire december 31. you can cancel some or all of the tax increases and spending. that would accelerate a dive back into a great recession or depression. in the first quarter, we would have very little difficulty in distinguishing ourselves from the crisis that is in gulf and europe and especially greece. the other thing we could do is come to a midline course of action where you could actually -- what can you minimally due to cut spending? what can you minimally due to have shared sacrifice so everyone is sacrificing something in this game? the other thing we don't talk about -- the interest rates on the deficit have been the lowest in 200 years. if we went back to
FOX News
Dec 12, 2012 6:00am PST
news alert, we are moments away right now from a news conference from house speaker john boehner speaking immediately following a closed door meeting with top republicans, and guest what they are talking about, the fiscal cliff, are we getting closer? is there movement in the negotiations? there seems to be signs of that. that's how we get started in the brand-new hour of "america's newsroom" on wednesday. i'm martha maccallum. bill: i'm bill hemmer. today's remarks come a day after a speech on the floor of the house. here is some of what the speaker had to say about where we are in his view at the moment. >> we are still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. where are the president's spending cuts? the longer the white house slow walks this process the closer our economy gets to the fiscal cliff. martha: so what is really going on in this negotiating right now? where are both sides? the white house continues to insist that it is republicans who have yet to
FOX News
Dec 8, 2012 3:00am PST
to speaker boehner yesterday he is reading reports that the president is trying to slow walk this thing. listen to the speaker. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> there are a lot of things that are possible to put the rev that the president seeks on the table, but nope of it is going to be possible. the president insists on his position. insists on my way or the highway. that's not the way to get to an agreement that i think is important for the american people and very important for our economy. >> there you go. so that's what speaker boehner's office is saying. they had a phone call on thursday. but people wondering if they are not even talking at all anymore. >> he said this is no way to an agreement there should be compromise. if you are elected official you should represent all of the united states and you should compromise and hear both sides. >> i think you should go off the fiscal cliff. americans are barreling down the road that's debt. there is a fork in the road. on the left are
MSNBC
Dec 6, 2012 7:00am PST
. >> we should say that the president and house speaker john boehner did speak by phone yesterday. that was the first time in a week. no one is saying what the conversation was about. shortly after that call treasury secretary tim geithner went on cnbc and said the white house is ready to go off the cliff. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff in. >> absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. it's only 2%. >> i want to bring in "usa today" bureau chief and welcome to both of you. where are we in these negotiations, susan? >> i think the most encouraging thing was they agreed to the to characterize the phone call. the last time around the characterization of the phone call became a controversy in itself. i think it's pretty clear that the white house and republicans think the white house hand on this is strengthening. we see the polls that you mention, pew polls this week say americans trust the president more, assume if a deal is not reached
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